2214 Rutgers Drive Active

Costa Mesa,CA 92627

$ 1600000

- Bed

- Bath

2490 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,490 sqft

Price per Sqft $642

MLS Listing ID CRNP25245121

HOA Y/N No

Year Built 1958

Lot Size 6,098 Sqft

Property Sub-Type Triplex

Source Datashare California Regional

Property Description

Income-producing triplex in Central Costa Mesa near Wilson, Harbor and Fairview, minutes to the beach, South Coast Plaza, major freeways and John Wayne Airport. All three 2 bed 1 bath units include a private one-car garage plus an additional parking space. Units A and B are downstairs with rear patios that include exterior laundry hook-ups, and Unit C is an upstairs unit with a private deck and no laundry hook-ups. Recent improvements include a newer roof, dual-pane windows, upgraded electrical in all units, vinyl perimeter fencing, laminate flooring in Unit B and ceiling fans in Unit A. Tenants pay utilities except water and trash. The property is fully occupied at strong rents, producing a stronger-than-average gross cap rate for the Costa Mesa triplex market. Interior photos were taken prior to the current tenants.

Location

State CA

County Orange

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Laundry Gas Dryer Hookup,Other

Building

Lot Description Other

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